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Rank: Advanced Member
Joined: 3/7/2009
Posts: 1,890
Points: 5,620
Location: Inside Farlex computers
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 Madoff Receives Maximum Sentence of 150 YearsThough the lawyer for Bernard Madoff, mastermind of the largest and most devastating Ponzi scheme in recent history, had requested that his client spend only 12 years behind bars for his crimes, US District Court Judge Denny Chin sentenced the 71-year-old swindler to 150 years in prison, the maximum punishment allowed. In March 2009, Madoff pled guilty to 11 criminal counts, including securities fraud, mail fraud, and money laundering. Chin called the fraud "extraordinarily evil," recognizing the "staggering toll" it took on thousands of individual investors, charitable organizations, and financial institutions. More...
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Rank: Advanced Member
Joined: 4/3/2009
Posts: 1,526
Points: 4,444
Location: Michigan, United States
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greedy man
greed·y (grd)
adj. greed·i·er, greed·i·est
1. Excessively desirous of acquiring or possessing, especially wishing to possess more than what one needs or deserves.
The key word "deserves" ....he did not deserve others money. And, in the end, he deserve life in prison.
Little drops of water~Little grains of sand~Make the mighty ocean~And the pleasant land~So the little moments~Humble though they be~Make the mighty ages ~Of Eternity/by Julia Fletcher Carney
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Rank: Advanced Member
Joined: 3/17/2009
Posts: 930
Points: 2,765
Location: United States
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Considering the consequences of Madoff's actions, a 12-year sentence would have been an absolute joke.
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Rank: Member
Joined: 6/2/2009
Posts: 23
Points: 69
Location: United States
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Rapacious was the word that came to mind as I read the scope of his misdeeds. Will he serve his sentence at Club Fed or a more secure facility. http://www.thefreedictionary.com/rapaciousrapacious Adjective 1. greedy or grasping
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Rank: Advanced Member
Joined: 5/11/2009
Posts: 261
Points: 795
Location: United States
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Prior to incarceration they should put him in a locked room accompanied by those whose money he stole for about ten minutes.
Methinks there would be no need for a jail cell afterwards.
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Rank: Advanced Member
Joined: 3/16/2009
Posts: 1,050
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Location: United States
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It's not enough he stole billions of dollars from unsuspecting investors, now I've got to support him for the rest of his life with my tax dollars?! Alvrez, I'm with you.
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Rank: Advanced Member
Joined: 6/6/2009
Posts: 388
Points: -1,351
Location: New Zealand
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MichalG wrote:It's not enough he stole billions of dollars from unsuspecting investors, now I've got to support him for the rest of his life with my tax dollars?! Alvrez, I'm with you. So am I, MichalG!!
Love love love love co-co-nuts! , I I I I Island~~! Xo!!
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